Mr. Hansson, is inflation dead? No, definitely not. Of course, we all face a certain puzzle: The economy in the euro area, for example, is currently incredibly strong and even growing above potential. The output gap closes this year and unemployment has fallen sharply. Nevertheless, we see not much stronger wage growth and not more inflation. But inflation is certainly not dead. It would be dangerous to assume that. But many market participants and also some economists seem to think so. They are betting that inflation will stay low for a long time or even eternally. So they are wrong? In recent years, there has been ... (full story)